Home › ZIP 55964

Veterinary Practices Market: ZIP 55964

Opportunity Score

56 / 100 Fair

Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 55964 is an urban area with moderate foot traffic. with a population of 4,453 and household incomes near the national median ($72,765). There are 3 veterinary practices operations in ZIP 55964.

Area Profile

4,453

Population

$72,765

Median Income

-2% vs. national

Urban

Area Type

13.0/20

Foot Traffic

Walkable

Median Age: 35.6 — mixed-age market, broad menu appeal.

College-Educated: 17.2% — value-focused market, keep prices competitive.

Competition

Veterinary Practices and related businesses in ZIP 55964.

Veterinary Practices

Low competition — room to establish

6.7 per 10K residents

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,040

2BR Fair Market Rent

$777

Median Gross Rent

$240 K

Median Home Value

Bank Branches

$380 K deposits

Tips for Starting a Veterinary Business in Minnesota

A veterinary practice costs $500K-$1.5M to start from scratch. Most new vets buy into existing practices or start mobile to reduce overhead.
DEA registration, state veterinary license, and controlled substance permits all take time. Start applications 6 months before your target opening.
Pet ownership rates vary by ZIP. Suburban areas with single-family homes consistently outperform dense urban cores for vet visit volume.
Emergency and after-hours services command 2-3x standard pricing. Even offering limited emergency hours gives you a revenue edge in most markets.